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Microtraction hits $15M first close on its second fund for pre-seed investment in African startups – TechCrunch - Vimarsana News

Microtraction hits $15M first close on its second fund for pre-seed investment in African startups – TechCrunch

Microtraction, an early-stage venture capital firm that invests in African startups at the pre-seed stage, is announcing that it has reached the first close of its second fund, Microtraction Community Limited. The fund doesn’t have a set target at the moment, the founding partners told TechCrunch, but it achieved the first close at $15 million.  […]